What is Ark Crypto Currency?A brief description of Ark.
ARK – a platform for consumer adoption
ARK provides users, developers, and startups with innovative blockchain technologies. Accessible via push button clone-able blockchains, and our SmartBridge technology. ARK aims to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need.
The purpose of Ark
Optional privacy, Physical cards and transfer equipment(POS/NFC) accessible to people without traditional bank accounts, Ark will bridge other blockchains via a vendorfield known as the SmartBridge, Byzantine fault tolerance(PBFT) to secure the network, A peer-to-peer InterPlanetary File System(IPFS). IPFS integration will enable ARK to enter the future of media and hosting, Easy building blockchain applications, Side chains, Conditional Trustless transactions, Replace traditonal contracts between parties, Build Decentralized applications, Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, token issuance
ARK is NOT just a cryptocurrency – it is an ecosystem meant for cryptocurrency mass adoption. By building the ARK platform on top of a highly secure core blockchain, integrating key decentralized technologies, and developing use cases to show off the abilities of the ARK network, ARK Crew provides a user-friendly platform to increase user adoption of blockchain technology as a whole. By leveraging and integrating these technologies, over time, the ARK ecosystem adapts to all new challenges head on – one advancement after another. With further use case integrations, ARK Crew can develop successful consumer products, and physical distribution networks with the intention of easing consumers into blockchain technologies and increasing general knowledge about the cryptocurrency industry. Below are some of the things ARK Crew envisions ARK to be. ARK is a Cryptocurrency Blockchain built as a derivative from Lisk, Crypti, and BitShares with unique differences and improvements to the Delegated Proof of
Stake consensus algorithm. This code association provides simplified future interaction between ARK and other blockchain systems using DPoS as their consensus. This homogenous codebase allows for the potential to provide service bridges in the form of Lisk blockchain apps, along with any other additional systems provided by their Blockchain administrators.
More information can be found in the Ark whitepaper https://ark.io/whitepaper/
Other Ark facts
- Trading symbol: ARK
- Governance: Centralized > Hierarchical
- Open source: Yes
- Product status: Prototype / MVP
- Consensus method: Delegated Proof of Stake
- Emmission rate: No new tokens created
- Transactions per second: 25
- Total Supply: 131,264,724
- Release date: 2016-12-09
Usefull Ark links
- Ark’s Website
- Ark pricing data & fundamental Ark information
- Ark’s Website
- Ark official blog
- Ark’s Bitcointalk Forum
- Ark’s Reddit Forum
- Ark’s block explorer
- Ark’s Alexa site stats
- Ark’s official forum: Unfortunately we don’t have this data available.
- Ark’s Github code repository:
- Ark’s roadmap:
- Ark’s team page: https://ark.io/#team
- Ark’s whitepaper: https://ark.io/whitepaper/